Creating or updating appropriate transfer pricing policies for your group can be a time-consuming and expensive process. In many cases, intercompany agreements are an afterthought, or are overlooked completely. Yet missing out that step means that you lose out on an important benefit – the ability to provide written evidence which sets a clear starting point for discussions with tax authorities as to what supplies are being made, and the commercial terms involved.
At LCN Legal we have developed a 4-step process, which is designed to make the task of documenting intercompany agreements as quick and easy as possible for our clients.
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